Archive for July 8, 2011

Iraq Economic Affairs: 3yr plan will include private sector development loans and bond offering

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Amortization of loans and support the private sector during the next three years
09/07/2011

Seeking strategic budget for the next three years to amortize loans accumulated deficit reduction and private sector support, according to a statement issued by the Office of the Deputy Prime Minister for Economic Affairs Ruz Nuri Shawis.

The statement has been received by the “morning,” a copy of it, the Committee on Economic Affairs Supreme examined at a meeting yesterday First, the federal budget strategy for the next three years.

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As Talabani Summit approaches tomorrow optimism prevails

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Talabani Summit .. Looking initiative Barzani amid optimism the settlement of disputes
09/07/2011

BAGHDAD – morning
Tone of optimism prevailed hours before the meeting of political leaders today, as expressed by President Jalal Talabani, who adds the summit he hoped the settlement of disputes between the parties.

Continue with the President of the Republic of meetings for the success of today’s meeting, informed political sources “morning”, a proposal to form a committee to implement what will be agreed at the summit.

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MP: Kuwait port question may be referred to UN Security Council

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Baghdad, A Foreign Relations Parliamentary Member said today that his commission is waiting a detailed opinion form the Cabinet on the Kuwaiti Mobarak port, pointing out that Iraq may refer the question to the UN Security Council, because “the patience of Iraqis has limits”.

MP Hassan Khudhair Shiwairid told Aswat al-Iraq that “if the Commission was able to reach positive results through negotiations, for both countries’ interests, that will be good, otherwise we will refer the matter to the UN Security Council or to International Accords”.

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Prime Minister of Energy: Draft of oil and gas (HCL) law to be presented next week

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Iraq: delay the presentation of the draft law of oil and gas to the next week
08/07/2011 18:55

Baghdad, July 8 – The Office of the Deputy Prime Minister for Energy Friday to postpone the government’s Energy Commission to submit a draft law of oil and gas of the Council of Ministers next week.

The director of the Office Faisal Abdullah, told the news agency that “the Energy Commission government, headed by Deputy Prime Minister (Hussein al-Shahristani) has postponed a meeting of the Committee that was scheduled to take place in order to end the draft law of oil and gas because of the visit of the Iranian delegation economic to Iraq” .

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Source: BP receives payment of dues for delivery of 2 million barrels of crude

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Source: BP. BP gets two million barrels of oil as the second payment of dues

On: Friday 8/7/2011 6:08

Baghdad / Reuters
A shipping source said on Thursday that BP Oil received a second payment of dues in return for investment in Iraq with the loading of a tanker with two million barrels of light crude this week in Basra, the hub of oil south. The source, who works at the port that the ship Georgios started the download last Sunday and ended from that on Wednesday.

And got me. My first payment on the return on their investment in the Rumaila oil in Iraq in the middle of last May when he carried the stretcher with two million barrels of Basra Light crude.

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Ministry of Finance: The risk of corruption can emerge when you change the currency

Posted: July 8, 2011 in Iraqi Dinar/Politics
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fazl nabiIraqi Finance: There is a risk of emergence of cases of corruption when you change currency

Sulaimaniya, July 8 (Rn) – U.S. Undersecretary of the Iraqi Ministry of Finance Central Bank of Iraq to Egypt to change the Iraqi currency during the year, noting that there are risks that contribute to change the currency in the emergence of cases of corruption.

He stated the Prophet told the Kurdish news agency (Rn) that “when you replace the currency in banks, as happened during previous times, more likely to tuck counterfeit currency between the ancient coins that are replaced with new ones, and this increases the risk of corruption cases.”

He noted that “the Iraqi Central Bank of Egypt for the Iraqi currency to replace Iraq’s new currency.”

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Iraq Ministry of Commerce: Arab Economic Council agrees on regional trade project

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Arab countries agree on the followers of the Economic Council in the implementation of commercial projects
2011-07-07

Post Baghdad – Ministry of Commerce announced it had agreed with the federal states to make the Arab Economic Council in the implementation of projects of regional trade.

Hashem said Mohammed Hatem told “Baghdad Post” “The Ministry of Commerce agreed with the rest of the ministries to make the Arab Economic Council in the implementation of projects of regional trade.”

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UK: Iraq will remain important ally and model of democracy; Encourage companies to invest in Iraq

Posted: July 8, 2011 in Iraqi Dinar/Politics
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The British government is Iraq important ally in the region and a model of democracy

Confirmed the British Embassy in Baghdad, said Friday that Iraq will remain an ally of the United Kingdom because it is a regional player in an important role in the region, as she seeks to encourage more companies to invest in the country.

He said the British ambassador in Baghdad, Michael Aaron in an interview ” Alsumaria News “,” Iraq will remain a key ally of the United Kingdom because it is a regional player in an important region for having not only the vast oil wealth, but manpower is its people. ” said Aaron that “Iraq is an opportunity to be a model in the region points to the success of democratic principles” .

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Deputy Prime Minister for Energy: Iraq is one of the best examples of democracy in the region

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Shahristani to Baghdad: Iraq one of the best democratic countries in the region

Deputy Prime Minister for Energy, Dr. Hussain al-Shahristani said Iraq of the best countries in the region to freedom of opinion and the peaceful transfer of power through elections.

Shahristani said Baghdad told the Post that “Iraq is one of the best countries in the region to freedom of opinion and the peaceful transfer of power through elections and the political process is different for the Arab region.”

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Talabani, Allawi confirms Saturday’s meeting; Agree its wise step toward calming government

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Talabani, Allawi confirms the presence of the leaders’ meeting Saturday and is considered wise step to calm the

Said Iraqi President Jalal Talabani, on Friday, that all political leaders, including the head of the Iraqi List, Iyad Allawi, will attend the meeting to be held in the capital Baghdad on Saturday, at the time Chief of the Islamic Supreme Council of Ammar al-Hakim that the dialogue meetings will be developed in bringing the views and calm the political arena.

He said President Jalal Talabani during a meeting with the President of the Islamic Supreme Council Ammar al-Hakim yesterday evening in Baghdad, said that “on Saturday will see the second meeting of leaders of political blocs and it is hoped to be attended by everyone, including Ayad Allawi,” noting that ” This meeting would be produced to achieve the implementation of previous agreements. “

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National Alliance MP: Counting on tomorrow’s meeting to resolve the political process

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Friday July 8, 2011

BAGHDAD – babysit – A member of the National Alliance Habib Terminal political blocs that count on the upcoming meeting on Saturday which will include different political players on the basis of a lawsuit launched by President Jalal Talabani, “a reliable resolving the decade in the political process.”

Terminal in a statement to the news agency public opinion (and babysit) called for political blocs to dialogue and agreement clearly and transparency frameworks and correct “because we need to remove this mess from the political process.” Adding that “the current political situation and a sensitive situation requires a joint effort by all parties to promote the fact and take him out of the crises suffered by the parties Alachtlafabin political process.”

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British company to begin revamping Iraqi aerospace projects

Posted: July 8, 2011 in Iraqi Dinar/Politics
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British company that manages the skies of Iraq

Posted 08/07/2011

BAGHDAD (Persia Omar): After decades of international isolation and the disruption of what the world is witnessing developments in all fields has become Iraq faces serious problems in other sectors, in practice, and that if Iraq is to prepare qualified personnel to make up for lost remaining joints of the national economy needs foreign expertise.

This applies to air traffic control and civil air traffic, as international sanctions and the closure of the atmosphere of the world at large Iraqi aircraft prompted the airport services and management of Iraqi air space to a state of near-total unemployment.

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Union of Kurdistan businessmen are running millions of dollars of money rigid

Posted: July 8, 2011 in Iraqi Dinar/Politics
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pare iraqi, para, moneyErbil, July 8 (Rn) – The head of the Irbil branch of the Federation of Kurdish businessmen on Friday, that through our union is run hundreds of millions of U.S. dollars, which was not rigid their owners use them in the processes of trade.

Xuan said Abdul Hamid, told the Kurdish news agency (Rn) announced today that “the overall position of the Union of businessmen Kordestani, followed by the four branches in the cities of Arbil, Sulaymaniyah and Dohuk, Kirkuk, 150 members belong to him.”

And the size of the capital business, I said “I can not reveal the size of capital of any person,” noting that “after the founding of the organization in the province of Kurdistan, was running hundreds of millions of capital that rigid were not subject to commercial exchanges.”

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Allawi will participate in tomorrows meeting of leaders at Talabani’s house

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Baghdad, July 8 (Rn) – The Iraqi List led by former Prime Minister Iyad Allawi said Friday that the latter will participate in the meeting of leaders of political blocs, which will be held tomorrow at the home of President Jalal Talabani.

The leaders of political blocs to a meeting in June 20 last at the home of Talabani, who attended the recent addition to Prime Minister Nuri al-Maliki and representatives of political blocs and lose sight of the leader of the Iraqi List, Iyad Allawi and the Kurdish regional President Massoud Barzani, the head of the National Alliance Ibrahim Jaafari.

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World Bank: Two largest Iraq state owned banks have been enhanced and restructured

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Iraqi dinar, Iraq moneyComplete the restructuring plans of good banking and Iraq Iraqis

Baghdad, July 8 (Rn) – The World Bank announced on Friday that it had completed the plans and technical procedures, financial and legal assistance to improve the performance of a bank of good and Mesopotamia state-owned and restructuring.

The director of the unity of the restructuring of two banks Majid picture of Kurdistan News Agency (Rn) that “the unit re- structuring the problem by the World Bank completed the plans and technical procedures, financial and legal that will improve the performance of a bank of good and Mesopotamia and restructuring in line with the development of e in the work of international banks. “

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Delete the three zeroes from the Iraqi currency

Posted: July 8, 2011 in Iraqi Dinar/Politics
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July 6 2011

From time to time ask the CBI idea of raising three zeros from the Iraqi currency, and announced that he is about to finish the final touches on this draft law to regulate the process of lifting to be sent to the Council of the Prime Minister and then to the House of Representatives to decide whether there is a need to raise three zeroes from the Iraqi currency or not, when he said a senior official in the monetary authority to the House of Representatives is the author of the recent decision in this regard.

Adviser says the Iraqi Central Bank: The project will organize a mechanism for lifting the three zeroes to promote the value of local currency in circulation economic, external and internal, and considered the project a strategic project aimed at reducing inflation experienced by the Iraqi market, and the Finance Ministry announced last February that the deletion of zeros from the local currency will liberate the Iraqi economy from the constraints and enhance the value of the Iraqi dinar in the IMF.

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Economic Opinion: Deletion of zeros from the currency; Deceptively strong imbalances

Posted: July 8, 2011 in Iraqi Dinar/Politics
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Proceeded to the Iraqi Central Bank to take the steps necessary for the implementation of its controversial deleting three zeros from the national currency as a measure to address many of the problems of cash (that were not mostly) and suffered by the Iraqi economy after the media campaign crusade led by the Bank consultant hired by some of the characters desperate desperate to defend This action of those who introduced them to the bank they are knowledgeable experts and those who know the economy did not hesitate to accuse someone of objectors to this project and the official channel of the state of being (fifth column) and do not want the state good.

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